Bill to break up big tech companies proposed

A Democrat-led House antitrust subcommittee will propose to break up Silicon Valley’s tech giants after a year long investigation into competition in the technology sector, a Republican member of the subcommittee said.

Rep. Ken Buck, R-Colo., wrote in a draft memo obtained by Politico and Bloomberg that while he agrees with Rep. David Cicilline, D-R.I., that antitrust enforcement agencies need more resources, some of the Democrats’ proposals “are non-starters for conservatives.” Read More >